Alvopetro Energy Ltd. (OTCMKTS:ALVOF) Short Interest Down 40.4% in February

Alvopetro Energy Ltd. (OTCMKTS:ALVOF) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 6,200 shares, a decrease of 40.4% from the January 31st total of 10,400 shares. Based on an average daily volume of 44,200 shares, the days-to-cover ratio is currently 0.1 days.

Alvopetro Energy Stock Up 0.3 %

Shares of ALVOF stock opened at $3.27 on Tuesday. Alvopetro Energy has a one year low of $2.85 and a one year high of $4.51. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.10 and a quick ratio of 2.10. The stock has a fifty day moving average price of $3.54 and a 200 day moving average price of $3.58. The stock has a market cap of $119.16 million, a P/E ratio of 8.38 and a beta of 0.07.

Alvopetro Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.09 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.36 annualized dividend and a dividend yield of 11.01%. Alvopetro Energy’s dividend payout ratio (DPR) is currently 92.31%.

Alvopetro Energy Company Profile

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.